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MRI Systems Market to 2020-Focus on Patient Comfort and Operational Efficiency

MRI Systems Market to 2020-Focus on Patient Comfort and Operational Efficiency


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Executive Summary

MRI Systems Market to 2020-Focus on Patient Comfort and Operational Efficiency, with Growth Driven by Developing Economies

GBI Research's report, "MRI Systems Market to 2020-Focus on Patient Comfort and Operational Efficiency, with Growth Driven by Developing Economies" discusses the market, competitive landscape, and trends for three MRI systems market segments: High-field, Mid-field, and Low-field MRI systems. It provides comprehensive information on the key trends affecting these segments, and key analytical content on the dynamics of the market. The report also reviews the competitive landscape, analyzes each segment's pipeline products and gives details of important merger and acquisition deals. It is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research's team of industry experts.

Scope

The report analyzes the MRI systems market, the major driving forces and potential challenges that could restrict growth. Its scope includes

Key geographies: US, Canada, Brazil, Germany, France, UK, Italy, Spain, Japan, China, India, and Australia.

Information on market size for three MRI systems market segments: High-field, Mid-field, and Low-filed MRI systems.

Annualized market revenue data forecast to 2020 and company share data for 2013.

Qualitative analysis of key trends in the MRI systems market.

Information on the competitive landscape and the leading technologies of key players: Siemens, GE, Philips, Toshiba, and Hitachi.

Reasons To Buy

The report will enhance your decision-making capability by allowing you to

Develop business strategies by understanding the trends and developments driving the global MRI systems market.

Design and enhance your product development, marketing, and sales strategies.

Exploit merger and acquisition opportunities by identifying the market players with the most innovative pipelines.

Develop market-entry and market-expansion strategies.

Identify the key players best positioned to take advantage of the emerging market opportunities.

Exploit in-licensing and out-licensing opportunities by identifying the products most likely to ensure a robust return.

Identify, understand and capitalize emerging blockbusters of the MRI systems market landscape.

Make more informed business decisions from insightful and in-depth analysis of the global MRI systems market and the factors shaping it.

1 Table of Contents

1 Table of Contents 5

1.1 List of Tables 7

1.2 List of Figures 8

2 Introduction 9

3 Global MRI Systems Market: Definitions 10

3.1 High-Field MRI Systems 10

3.2 Mid-Field MRI Systems 10

3.3 Low-Field MRI Systems 10

4 MRI Systems: Global Market Characterization 11

4.1 Global MRI Systems Market, Revenue, 2006-2020 11

4.2 MRI Systems Market, Global, Key Company Shares, 2013 12

4.3 MRI Systems Market, Key Trends 13

4.3.1 Superconducting Magnets Preferred to Permanent Magnets 13

4.3.2 Migration to Higher Field Strengths 14

4.3.3 Specialty MRI Systems 14

4.3.4 Patient Comfort Becoming a Top Priority 15

4.3.5 Simplifying Machine Design but Enhancing Performance 15

4.3.6 Technologies using Minimal Helium 15

4.3.7 Hybrid MRI Systems Gaining Popularity in Specialized Care 15

4.3.8 Energy Efficient Systems on the Rise 16

4.3.9 Local Manufacturing is Preferred in Three out of Four Markets that are Poised to Witness Strong Growth in the Forecast Period 16

4.4 Market Dynamics 17

4.4.1 Market Drivers 17

4.4.2 Market Restraints 18

5 Global MRI Systems Market: Segment Analysis and Forecasts 20

5.1 High-Field MRI Systems Market, Global, Revenue and Volume, 2006-2020 20

5.2 Mid-Field MRI Systems Market, Global, Revenue and Volume, 2006-2020 21

5.3 Low-Field MRI Systems Market, Global, Revenue and Volume, 2006-2020 22

6 Global MRI Systems Market: Country Analysis and Forecasts 23

6.1 MRI Systems Market: Cross-Country Analysis 23

6.2 Historical and Forecast Revenue and Volume, by Country 24

6.2.1 MRI Systems Market, US, Revenue and Volume, 2006-2020 24

6.2.2 MRI Systems Market, Canada, Revenue and Volume, 2006-2020 26

6.2.3 MRI Systems Market, Brazil, Revenue and Volume, 2006-2020 27

6.2.4 MRI Systems Market, Germany, Revenue and Volume, 2006-2020 29

6.2.5 MRI Systems Market, France, Revenue and Volume, 2006-2020 31

6.2.6 MRI Systems Market, Italy, Revenue and Volume, 2006-2020 33

6.2.7 MRI Systems Market, Spain, Revenue and Volume, 2006-2020 35

6.2.8 MRI Systems Market, UK, Revenue and Volume, 2006-2020 37

6.2.9 MRI Systems Market, Japan, Revenue and Volume, 2006-2020 39

6.2.10 MRI Systems Market, Australia, Revenue and Volume, 2006-2020 41

6.2.11 MRI Systems Market, China, Revenue and Volume, 2006-2020 43

6.2.12 MRI Systems Market, India, Revenue and Volume, 2006-2020 46

7 Global MRI Systems Market: Company Profiles 49

7.1 Comparison of Leading MRI Systems 49

7.1.1 Comparison of Leading 1.5 T MRI Systems, 2015 49

7.1.2 Comparison of Leading 3.0 T MRI Systems, 2015 50

7.2 Siemens Healthcare 50

7.2.1 Business Overview 50

7.2.2 Marketed Products 51

7.3 GE Healthcare 51

7.3.1 Business Overview 51

7.3.2 Marketed Products 51

7.4 Philips Healthcare 52

7.4.1 Business Overview 52

7.4.2 Marketed Products 52

7.5 Toshiba Medical Systems 52

7.5.1 Business Overview 52

7.5.2 Marketed Products 52

7.6 Hitachi Medical 53

7.6.1 Business Overview 53

7.6.2 Marketed Products 53

7.7 Esaote 53

7.7.1 Business Overview 53

7.7.2 Marketed Products 53

8 Global MRI Systems Market: Product Pipeline Analysis 54

8.1 Overview 54

8.2 MRI Systems Market: List of Pipeline Products 55

8.3 MRI Systems Market: Profiles of Key Pipeline Products 57

8.3.1 High-Field MRI Systems 57

8.3.2 Mid-Field MRI Systems 60

8.3.3 Low-Field MRI Systems 61

8.3.4 Functional MRI Systems 61

8.3.5 MRI Coils 63

9 Global MRI Systems Market: Consolidation Landscape 65

9.1 Overview, 2006-2014 65

9.2 Key Acquisition Deals, 2010-2014 66

9.2.1 MESA Acquires Spintech, November 28, 2014 66

9.2.2 Box Acquires MedXT, October 10, 2014 66

9.2.3 MESA Acquires Stake in MVS, September 12, 2014 67

9.2.4 BC Technical Acquires Polaris Medical Imaging, August 29, 2014 67

9.2.5 Tranzbyte Acquires Marketing Rights from Hurricane Enterprises, September 11, 2012 67

9.2.6 GE Healthcare Acquires Steady State Imaging, April 14, 2011 67

9.2.7 GE Healthcare Acquires MRI Technology Assets from ONI Medical Systems, November 6, 2009 67

9.3 Key Partnership Deals, 2010-2014 68

9.3.1 Imricor Enters into Licensing Agreement with Sorin, October 9, 2014 68

9.3.2 GE Healthcare Enters into Co-marketing Agreement with CorTechs Labs for NeuroQuant, May 13, 2014 68

9.3.3 Analogic Enters into Distribution Agreement with D&K for BioJet System, April 9, 2014 68

9.3.4 MRI Interventions Enters into Co-development Agreement with Siemens Medical Solutions, February 21, 2014 68

9.3.5 CorTechs Labs Extends Distribution Agreement with Invivo for NeuroQuant, February 4, 2014 69

9.3.6 IMRIS Enters into Technology Integration Agreement with Stryker, October 8, 2013 69

9.3.7 Invivo Enters into Co-development Agreement with iCAD for MRI Solutions, March 11, 2013 69

9.3.8 Bioventus Enters into Agreement with Esaote North America for Diagnostic Ultrasound and MRI Solutions, October 2, 2012 69

9.3.9 Aurora Imaging Technology Enters into Distribution Agreement with Sumec for Dedicated Breast MRI System, July 20, 2012 70

9.3.10 Aspect Enters into Agreement with Bruker for MRI Systems, April 2, 2012 70

9.3.11 iCAD Enters into Distribution Agreement with Carestream, December 12, 2011 70

9.3.12 iCAD Enters into Distribution Agreement with Hitachi, October 31, 2011 70

9.3.13 Trivitron Healthcare Enters into Co-marketing Agreement with Hitachi, August 25, 2011 70

9.3.14 Aspect Enters into Co-development Agreement with CAGE Chemicals and University of Turin, June 29, 2011 71

9.3.15 Bayer Vital Enters into Agreement with Vital Images, March 23, 2011 71

9.3.16 Amerinet Enters into Agreement with Toshiba America Medical Systems, February 2, 2011 71

9.3.17 Varian Enters into Agreement with IMRIS, October 5, 2010 71

9.3.18 Medipattern Enters into Agreement with Sentinelle, November 30, 2009 71

10 Appendix 72

10.1 Abbreviations 72

10.2 Bibliography 72

10.3 Research Methodology 73

10.3.1 Secondary Research 73

10.3.2 Primary Research 74

10.3.3 Models 74

10.3.4 Forecasts 74

10.3.5 Expert Panel 75

10.4 Contact Us 75

10.5 Disclaimer 75

1.1 List of Tables

Table 1: MRI Systems Market, Global, Revenue (USD bn), 2006-2020 11

Table 2: MRI Systems Market, Global, Key Company Share by Region (%), 2013 13

Table 3: High-Field MRI Systems Market, Global, Revenue and Volume, 2006-2020 20

Table 4: Mid-Field MRI Systems Market, Global, Revenue and Volume, 2006-2020 21

Table 5: Low-Field MRI Systems Market, Global, Revenue and Volume, 2006-2020 22

Table 6: MRI Systems Market, Global, Cross-Country Analysis, 2006-2020 23

Table 7: MRI Systems Market, US, Revenue (USD m) and Volume, 2006-2020 25

Table 8: MRI Systems Market, Canada, Revenue (USD m) and Volume, 2006-2020 26

Table 9: MRI Systems Market, Brazil, Revenue (USD m) and Volume, 2006-2020 28

Table 10: MRI Systems Market, Germany, Revenue (USD m) and Volume, 2006-2020 30

Table 11: MRI Systems Market, France, Revenue (USD m) and Volume, 2006-2020 32

Table 12: MRI Systems Market, Italy, Revenue (USD m) and Volume, 2006-2020 34

Table 13: MRI Systems Market, Spain, Revenue (USD m) and Volume, 2006-2020 36

Table 14: MRI Systems Market, UK, Revenue (USD m) and Volume, 2006-2020 38

Table 15: MRI Systems Market, Japan, Revenue (USD m) and Volume, 2006-2020 40

Table 16: MRI Systems Market, Australia, Revenue (USD m) and Volume, 2006-2020 42

Table 17: MRI Systems Market, China, Revenue (USD m) and Volume, 2006-2020 44

Table 18: MRI Systems Market, India, Revenue (USD m) and Volume, 2006-2020 47

Table 19: Siemens Healthcare, Key Marketed Products, 2014 51

Table 20: GE Healthcare, Key Marketed Products, 2014 51

Table 21: Philips Healthcare, Key Marketed Products, 2014 52

Table 22: Toshiba Medical Systems Corporation, Key Marketed Products, 2014 52

Table 23: Hitachi Medical Corporation, Key Marketed Products, 2014 53

Table 24: Esaote, Key Marketed Products, 2014 53

Table 25: MRI Systems, Global, List of Pipeline Products, 2014 55

Table 26: MRI Systems, Global, List of Pipeline Products, 2014 56

Table 27: MRI Coils, Global, List of Pipeline Products, 2014 56

Table 28: 11.7T MRI System, Product Status, 2014 57

Table 29: MAGNETOM 11.7T System, Product Status, 2014 57

Table 30: MAGNETOM 10.5T System, Product Status, 2014 57

Table 31: MAGNETOM 9.4T Wide Bore MRI System, Product Status, 2014 58

Table 32: MAGNETOM 7T MRI, Product Status, 2014 58

Table 33: GE 7.0T MRI Scanner, Product Status, 2014 58

Table 34: MAGiC, Product Status, 2014 59

Table 35: Neonatal MRI Scanner, Product Status, 2014 59

Table 36: SIGNA PET/MR, Product Status, 2014 59

Table 37: SIGNA Pioneer, Product Status, 2014 60

Table 38: 1.5T Breast MR System, Product Status, 2014 60

Table 39: Multiva 1.5T MRI System, Product Status, 2014 60

Table 40: LC Scan, Product Status, 2014 61

Table 41: PoleStar MRI Scanner, Product Status, 2014 61

Table 42: ClearSight Systems, Product Status, 2014 61

Table 43: Functional Connectivity MRI, Product Status, 2014 62

Table 44: MRI Device-Blood-Brain Barrier Abnormalities, Product Status, 2014 62

Table 45: MRI-Guided Breast Biopsy Device, Product Status, 2014 62

Table 46: Magnesium Diboride MRI System, Product Status, 2014 63

Table 47: MRI Coil-Organ Viability, Product Status, 2014 63

Table 48: Pediatric MRI Coil, Product Status, 2014 63

Table 49: RF Spine Coil-7T MRI System, Product Status, 2014 64

1.2 List of Figures

Figure 1: MRI Systems Market, Global, Revenue (USD bn), 2006-2020 11

Figure 2: MRI Systems Market, Global, Key Company Share by Region (%), 2013 12

Figure 3: High-Field MRI Systems Market, Global, Revenue and Volume, 2006-2020 20

Figure 4: Mid-Field MRI Systems Market, Global, Revenue and Volume, 2006-2020 21

Figure 5: Low-Field MRI Systems Market, Global, Revenue and Volume, 2006-2020 22

Figure 6: MRI Systems Market, Global, Cross-Country Analysis, CAGR (%), 2006-2020 23

Figure 7: MRI Systems Market, US, Revenue (USD m) and Volume, 2006-2020 24

Figure 8: MRI Systems Market, Canada, Revenue (USD m) and Volume, 2006-2020 26

Figure 9: MRI Systems Market, Brazil, Revenue (USD m) and Volume, 2006-2020 27

Figure 10: MRI Systems Market, Germany, Revenue (USD m) and Volume, 2006-2020 29

Figure 11: MRI Systems Market, France, Revenue (USD m) and Volume, 2006-2020 31

Figure 12: MRI Systems Market, Italy, Revenue (USD m) and Volume, 2006-2020 33

Figure 13: MRI Systems Market, Spain, Revenue (USD m) and Volume, 2006-2020 35

Figure 14: MRI Systems Market, UK, Revenue (USD m) and Volume, 2006-2020 37

Figure 15: MRI Systems Market, Japan, Revenue (USD m) and Volume, 2006-2020 39

Figure 16: MRI Systems Market, Australia, Revenue (USD m) and Volume, 2006-2020 41

Figure 17: MRI Systems Market, China, Revenue (USD m) and Volume, 2006-2020 43

Figure 18: MRI Systems Market, India, Revenue (USD m) and Volume, 2006-2020 46

Figure 19: MRI Systems Market, Comparison of Leading 1.5 T MRI Systems, 2015 49

Figure 20: MRI Systems Market, Comparison of Leading 3.0 T MRI Systems, 2015 50

Figure 21: MRI Systems Market, Global, Pipeline Analysis (%), 2014 54

Figure 22: MRI Systems Market, Global, Pipeline Analysis, 2014 54

Figure 23: MRI Systems Market, Global, Type and Number of Deals, 2006-2014 65

Figure 24: MRI Systems Market, Global, Volume and Value (USD m) by Deal Type, 2006-2014 66

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